Strike launches “volatility-proof” Bitcoin loan products amid a bear market, but at a high cost
- Strike has introduced Bitcoin loans designed to withstand market volatility.
- A key feature of these loans is the elimination of margin calls and forced liquidations, providing stability for borrowers.
- However, this “volatility-proof” feature comes with a significant price: interest rates can reach up to 14.2%.
- Strike CEO Jack Mallers emphasized that borrowers must meet their repayment obligations on time.
- The service was launched in the context of a bear market, aiming to offer a more stable financial solution for Bitcoin holders.
#Strike #BitcoinLoans #CryptoNews #BTC #BinanceSquare
$btc
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Source: CoinTelegraph
- Strike has introduced Bitcoin loans designed to withstand market volatility.
- A key feature of these loans is the elimination of margin calls and forced liquidations, providing stability for borrowers.
- However, this “volatility-proof” feature comes with a significant price: interest rates can reach up to 14.2%.
- Strike CEO Jack Mallers emphasized that borrowers must meet their repayment obligations on time.
- The service was launched in the context of a bear market, aiming to offer a more stable financial solution for Bitcoin holders.
#Strike #BitcoinLoans #CryptoNews #BTC #BinanceSquare
$btc
vlikevn Titanbot
Source: CoinTelegraph